# PPP loan: MADRE, INC.
> **$420K** approved 04/30/2020 · Paid in Full · Loan `4906527307`
## Borrower
- **Name:** MADRE, INC.
- **Address:** 121 West 27th Street Suite 301, New York, NY, 10001
- **NAICS:** 813311
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $427K (102%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $420K
- **Jobs reported:** 28
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*